The East Europe Foundation, in partnership with the European Business Association, organised on 10 November 2020, the Fair “Opportunities of building connections for SMEs” with the purpose to promote the six established business hubs, ten Youth Entrepreneurship Funds and their main results during three years of activity. The event was organised within the EU-funded project “Local civil society contributes to economic and social development of the country”, funded by the European Union and co-funded by Sweden. The representatives of the business hubs and of the youth funds were welcomed by the representatives of the Ministry of Economy and Infrastructure, the Organization for Small and Medium Enterprises Sector Development and the Ministry of Education, Culture and Research.

During the first session, each business hub and each Youth Fund presented its results in numbers and one beneficiary- company showcased the support received from the regional business hub.

During three years of the implementation, over 1 055 of entrepreneurs were trained in various fields, including marketing, financial management, general data protection regulation, sales, negotiations, etc. Altogether 141 regional companies have benefited from individual support focused on exports.

With the reference to Youth Entrepreneurship Funds, the results speak for themselves: 70 small enterprises were financed (42 enterprises from rural areas and 28 enterprises from urban areas). In addition, about 84 jobs were created.

One of the main achievements was that the entrepreneurs have initiated their own community to provide support and mentorship.

Subsequently, EBA representative presented their activity, which was focused on the elaboration of 80 position papers out of which 40 initiatives (deriving from the Association Agreement and inclusive from DCFTA) were approved.

The EBA team organised the second session of the fair with the participation of two major retail chains, namely Metro Cash and Carry Moldova and Kaufland Moldova. The session had the aim to present retail chains’ requirements necessary for placing products on their shelves.

The online event was attended by 85 participants via Zoom platform and it had more than 1 200 views which suggests a high interest among entrepreneurs to participate in online events of this nature. The event was broadcasted live on the East Europe Foundation’s Facebook Page.

This event took place within the project “Local civil society contributes to economic and social development of the country” funded by the European Union and co-funded by Sweden.